By Alphecca Muttardy, macroeconomist Last Updated: Nov 27, 2018 Q: Why is a National Infrastructure Bank (NIB) needed? A: Our nation’s spending on infrastructure has fallen to its lowest level in 70 years: to 2.5% of our nation’s GDP. That’s half the comparable level in Europe, and 1/3 the level […]
American Dialogue: The Founders and Us, by Joseph J. Ellis. New York: Alfred A. Knopf, 2018. 283 pp. Reviewed by Edward Spannaus , November 29, 2018 This is both an ambitious and a provocative book. Joseph Ellis, who taught college-level American history for decades, takes the major debates among the […]
By Alphecca Muttardy, Macroeconomist Last Updated 11/27/18 This Brief makes the case that National Infrastructure Banks (NIBs) have historically proven to be superior to Public-Private Partnerships in building American infrastructure. There have been four major National Infrastructure Banks/Systems in our nation’s history,[1] starting with the First Bank of the United […]
By Nancy Spannaus Nov. 22, 2018—The coincidence of this year’s Thanksgiving holiday with the 55th anniversary of the assassination of President John F. Kennedy has provoked me to write this post. Kennedy’s assassination was a horrific turning point in our nation’s history, the opening shot in a series of assassinations […]
See how America can rebuild its collapsing infrastructure, on the vast scale required, founded upon historic precedents, and the bank will not create new debt!
Nov. 15, 2018–The slide show delivered by macro-economist Alphecca Muttardy on Nov. 13 in Washington,D.C. is now available here as a PDF. Although many of the slides are self-explanatory, you may find it useful to review them alongside our news report, which is available here. As the weekly disruptions of […]
By Nancy Spannaus Nov. 14, 2018—A group of approximately 25 citizen-leaders gathered in a Washington, D.C. library last night to discuss how to address the question of the nation’s collapsing infrastructure. The lively, almost-unstoppable discussion centered around a slide show presentation on a National Infrastructure Bank (NIB) proposal, given by […]
By Nancy Spannaus Nov. 12, 2018—Three days ago, my husband and I attended a local event sponsored by the Edwin Washington Project, a non-profit devoted to documenting the history of education during the era of segregation in Loudoun County, Virginia, where we live. The speeches on the struggle waged to […]
By Nancy Spannaus Nov. 11, 2018—In its quarterly release Nov. 1, the U.S. Bureau of Labor Statistics (BLS) threw a wet blanket on those who have been claiming that this year’s job growth has led to a qualitative improvement in the U.S. economy. The BLS stated that productivity growth between […]
Nov. 15, 2018–The slide show delivered by macro-economist Alphecca Muttardy on Nov. 13 in Washington,D.C. is now available here as a PDF. Although many of the slides are self-explanatory, you may find it useful to review them alongside our news report, which is available here. As the weekly disruptions of […]
By Nancy Spannaus Nov. 14, 2018—A group of approximately 25 citizen-leaders gathered in a Washington, D.C. library last night to discuss how to address the question of the nation’s collapsing infrastructure. The lively, almost-unstoppable discussion centered around a slide show presentation on a National Infrastructure Bank (NIB) proposal, given by […]
Draft Legislation To Create a Bank of the United States for Infrastructure and Manufacturing
Hamilton’s Report on Manufactures: More Relevant Than Ever
By Nancy Spannaus Dec. 5, 2018—Today’s anniversary of Alexander Hamilton’s most important report, the Report on Manufactures, comes at a particularly ironic time in our country’s history. On the one hand, the last year has seen a relative increase in real manufacturing jobs (allegedly the most since the mid-1990s), and […]